PRECISION CONCEPTS INTERNATIONAL LLC

Plan Contact

  • Address: 136 FAIRVIEW ROAD,,MOORESVILLE,NC
  • Contact person: BROOK BIRDSONG
  • Phone: (704) 360-8923

Plan General Information

PRECISION CONCEPTS INTERNATIONAL LLC Total Retirement Plan Assets

At the end of 2023, the total retirement plan assets of PRECISION CONCEPTS INTERNATIONAL LLC is $16,702,309.00.This plan was established in 2003.

PRECISION CONCEPTS INTERNATIONAL LLC Total Number of Retirement Plan Participants

At the end of 2023, the total number of retirement plan participants in PRECISION CONCEPTS INTERNATIONAL LLC is 453

PRECISION CONCEPTS INTERNATIONAL LLC Average Participant Retirement Account Value

In 2023, the average participant retirement account value for PRECISION CONCEPTS INTERNATIONAL LLC is $36,870.00

PRECISION CONCEPTS INTERNATIONAL LLC Estimated Average Employee Contribution Amount

In 2023, the estimated average employee contribution amount per participant for PRECISION CONCEPTS INTERNATIONAL LLC is $5,475.00.

PRECISION CONCEPTS INTERNATIONAL LLC Estimated Average Employer Match

In 2023, the estimated average employer match for an employee in PRECISION CONCEPTS INTERNATIONAL LLC is approximately $1,479.00
Investing in this additonal $1,479.00 for 20 years would give you extra $94,714.00, assuming a 10% annual return.

PRECISION CONCEPTS INTERNATIONAL LLC Total Employer Contribution and Match Rate

In 2023, PRECISION CONCEPTS INTERNATIONAL LLC allocates $670,404.00 to match its employees' contributions, providing an employer match rate of 54.05% of their contributions

PRECISION CONCEPTS INTERNATIONAL LLC Total Retirement Plan Asset Growth Rate

In 2023, the total retirement plan asset growth rate of PRECISION CONCEPTS INTERNATIONAL LLC is 10.80%.

PRECISION CONCEPTS INTERNATIONAL LLC Estimated Aggregate Retirement Account Investment Gain/Loss

In 2023, the estimated aggregate retirement account investment gain/loss for PRECISION CONCEPTS INTERNATIONAL LLC is 18.98%. This measures the effectiveness of the plan participants' investments in the year.

PRECISION CONCEPTS INTERNATIONAL LLC Expense Ratio

In 2023, the investment and administrative expense ratio of PRECISION CONCEPTS INTERNATIONAL LLC is 0.25%.

Enrollment Features

PRECISION CONCEPTS INTERNATIONAL LLC has the following features:
    Default Investments: It uses a default investment account for participants or employees who fail to direct assets in their account.


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